DFJ Gotham Ventures Recruits Top Entrepreneur and Operator, Jed Katz; Hiring Marks Important Expansion of DFJ Gotham Investment Team.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. Gotham Ventures, an early-stage technology venture capital fund based in New York, today announced the addition of entrepreneur and operator, Jed Katz, to the DFJ DFJ Dysfunkshun Junkshun (Austin, Texas band) Gotham investment team. Katz joins DFJ Gotham as a Venture Partner and is expected to become a Managing Director of DFJ Gotham as the firm grows its capital base. Katz will work with DFJ Gotham Co-founders Ross Goldstein and Danny Schultz to identify, evaluate, invest in and build great entrepreneurial technology companies. He will be leading deals and sitting on boards and is close to completing his first transaction at the firm. "I am honored and delighted to join DFJ Gotham," commented Katz. "Ross and Danny have done a tremendous job putting together a winning portfolio in the firm's first fund, and I am eager to leverage my entrepreneurial and operational background to help find, fund and guide the next great businesses. I feel fortunate to have joined such a great firm." Katz was one of the pioneers of Internet commerce and has spent the last thirteen years as an entrepreneur, building, advising and investing in early-stage technology ventures. He was the Co-founder and COO of Rent Net (http://www.rent.net) the Internet's first and most-visited rental and relocation guide. There he grew the company from 2 to over 160 people and into one of the first profitable Internet companies. Rent Net was acquired by Cendant (NYSE NYSE See: New York Stock Exchange : CD), and Katz and the team utilized the platform to then form the core of Move.com (http://www.move.com), the Internet's 2nd largest real estate and relocation site ultimately acquired by Homestore (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : HOMS) for over $900 million. Since then, Katz has been investing in and advising various start-ups, however, he had recently returned to an operating role as the COO of Yamcon (http://www.yamcon.com), a technology-based consumer products company and the inventor of the acclaimed SkyScout(TM). Katz received his B.A. in Business Economics from UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX and his M.B.A. from University of California at Berkeley (body, education) University of California at Berkeley - (UCB) See also Berzerkley, BSD. http://berkeley.edu/. Note to British and Commonwealth readers: that's /berk'lee/, not /bark'lee/ as in British Received Pronunciation. . "We're thrilled to have Jed on board. He has a proven ability to build successful companies from the ground up and knows how to spot winners," according to Schultz. "Jed brings an invaluable entrepreneurial background and a perspective that entrepreneurs will find refreshing. He is a superb addition to our team," added Goldstein. Managing Directors Ross Goldstein and Danny Schultz founded DFJ Gotham Ventures in 1999. Since then the group has invested in a wide range of early-stage technology companies mostly in and around the New York tri-state area and the East Coast in general including ContextWeb, Lumeta, Magnolia Broadband, Massive, Mimeo.com, XOsoft and others and has also realized several successful exits. About Draper Fisher Jurvetson Gotham Ventures: Draper Fisher Jurvetson Gotham Ventures is an early-stage information technology venture capital firm with approximately $100 million of capital under management, focused on investment opportunities in New York and the surrounding regions. The Fund is an affiliate of Draper Fisher Jurvetson, the leading venture capital firm in Silicon Valley. For more information about Draper Fisher Jurvetson Gotham Ventures see www.dfjgotham.com. About Draper Fisher Jurvetson: Draper Fisher Jurvetson is the leader in seed and early-stage venture capital worldwide. It is the only venture capital firm with global presence through a network of affiliated funds, with offices in more than 30 cities around the world and more than $3 billion in capital commitments. DFJ's mission is to identify, provide capital for, and serve extraordinary entrepreneurs located anywhere, who seek to change the world. Over the past twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. , DFJ has been proud to back approximately 300 companies across a myriad of sectors including such industry changing catalysts as Hotmail (acquired by MFST MFST Mobile Field Surgical Team MFST Mobile Forward Surgical Team (USAF) MFST Microbiologically Food Safety Tested MFST Mobile Freight Search Team (UK) ), Baidu (BIDU), Skype (acquired by EBAY), United Online (UNTD), Overture (acquired by YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ), Interwoven in·ter·weave v. in·ter·wove , in·ter·wo·ven , inter·weav·ing, inter·weaves v.tr. 1. To weave together. 2. To blend together; intermix. v.intr. (IWOV) and others. For more information about Draper Fisher Jurvetson see www.dfj.com. |
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